Bank of Canada Responds To Mounting Inflation: Ends QE and Hastens Timing of Rate Hike The Bank of Canada surprised markets today with a more hawkish stance on inflation and the economy. The Bank released its widely anticipated October Monetary Policy Report (MPR) in which its key messages were: The Canadian economy has accelerated robustly […]

On October 14, 2021, Mortgage Professionals Canada hosted its national conference featuring presentations by several industry leaders. During the Lenders’ Panel, First National’s President and Chief Operating Officer Jason Ellis provided his thoughts on the mortgage market, planned government policy changes to improve affordability, and lessons learned during the pandemic. Here are some of Jason’s […]

Women often play a large role in their households’ financial decisions, and that includes making investment decisions. Unfortunately, a recent Primerica study found that women’s financial confidence has decreased over the past year, largely due to the coronavirus pandemic’s disproportionate impact on the financial health of many women. Given this dip in confidence, it’s more […]

70% of employed millennials are asking the question, “how can I reach my financial and homeownership goals?” The onboarding process is quite simple and we have developed a way to reach more of these individuals. In the past, we’ve noticed a trend where employers often recommended us for financial and homeownership help to their employees […]

Downsizing Your Home. Moving to a larger house is not the only time that things can change with your home and mortgage. Sometimes there comes a point when owning a home becomes a little too much to handle; or maybe you’re an empty-nester and no longer need three extra bedrooms. Whatever the reason, downsizing is […]

  A new study from Royal LePage has found that homeowners who can afford 20% down payments are much better off in the long run than renters. In fact, buying a home in Canada with an uninsured mortgage puts homeowners ahead of renters in 91% of cases analyzed. “Canadians strongly value homeownership for many reasons. […]

BC experienced the largest net gain in interprovincial migration in the 12-month period ending June 30, 2021, which just so happens to be the largest wave of migrations in the last 28 years. This was fueled by a remote work culture that has become the norm in all relevant industries. Interprovincial migration (the difference between […]

The 2021 federal election is now in the books and while it did little to shake-up political power, it did bring the issue of housing affordability to the forefront and plenty of promises were made. We will have to wait on whether or not any of them come to fruition, but here is a rundown […]

News Provided By Royal LePage Real Estate Services  Sep, 28, 2021 Home ownership remains a top priority for many Canadians. While buying a home is seen as a milestone and can improve your quality of life, most are hoping that their purchase will also be a sound financial decision. A recent study1 has found that, for […]

The Tri-Cities Chamber of Commerce Business Excellence Awards.Facebook/Tri-Cities Chamber of Commerce   Do you know of a business or businessperson that deserves recognition for their perseverance and dedication? It’s undoubtedly been another trying season for businesses — big, medium or small — in the region with the COVID-19 pandemic, but the Tri-Cities Chamber of Commerce (TCCC) is hoping to honour those […]